China Fines Jack Ma's Ant Group Whopping $984 Million Amid Tech Crackdown
Founded by billionaire Jack Ma, Ant operates China's ubiquitous mobile payment app Alipay and undertakes consumer lending and insurance products distribution among other businesses. In mid-2020, before its IPO was pulled, it was valued by some investors at more than $300 billion.
Jul 07, 2023, 21:58 PM IST
Chinese billionaire and Alibaba founder Jack Ma reappears in Hong Kong?
The Chinese billionaire has been keeping a low profile since delivering a speech in October last year in Shanghai.
Oct 13, 2021, 08:04 AM IST
Alibaba employee allegedly forced to drink before being sexually assaulted by boss and client; 10 fired for leaking internal account
The female Alibaba staffer alleged that she was sexually assaulted by her manager and a client while on a business trip.
Aug 30, 2021, 16:15 PM IST
Big blow to Jack Ma! China suspends Ant Group's $37 billion IPO, world’s biggest
The Shanghai stock exchange said it had suspended the company`s initial public offering (IPO) on its tech-focused STAR Market, prompting Ant to also freeze the Hong Kong leg of its dual listing scheduled for Thursday.
Nov 04, 2020, 09:36 AM IST
